ZIP Code 47981

In ZIP code 47981, near Alamo, homes carry a median value of $170,700, and the county-level effective property tax rate of 0.62% yields an annual bill of roughly $1,058. With median household income at $86,023 and per-capita income at $58,966, that tax load stays contained against what earners bring in. The 7.00% combined sales tax applies to purchases rather than property, so it does not add to the ownership cost. Buyers here face a housing market where prices and wages sit in workable alignment, and the property tax itself takes only a thin slice of yearly earnings.